Abstract:The rebrand is part of Vantage’s ongoing global expansion strategy to deliver unparalleled experience on multi-asset products.
Vantage FX, the global multi-asset broker, today announces that it has rebranded as Vantage. The move emphasises the breadth of Vantages platform which offers CFDs on Forex, Indices, Shares, Commodities, and Cryptocurrencies.
The rebrand is a key component of Vantages ongoing global expansion strategy to deliver unparalleled experience on multi-asset products and provide the tools for both established and emerging markets to ensure better execution on trades.
In order to facilitate this, Vantage has invested in significant upgrades to its technology including improvements to its app such as enhanced interface, access to daily market analysis and localised payment solutions particularly beneficial to users in emerging markets.
The rebrand comes at a time when the trading landscape is seeing a monumental shift worldwide. Following the pandemic, thousands of young and ambitious traders are entering the space and since 2020 Vantage has seen a 68% increase in platform users.
An increasing number of these are from emerging markets which are not traditionally prioritised by the existing retail landscape, something Vantage seeks to remedy.
Marc Despallieres, Chief Strategy Officer said:
Todays announcement is the realisation of more than a decade of establishing a platform that puts customers at the centre of our offering. Dropping the FX from our name is an important development in demonstrating our capabilities beyond foreign exchange, but this rebrand is so much more.
“At Vantage we are passionate about offering a service that connects customers to the best tools, resources, and support regardless of trading ability and geographic location. For too long retail trading platforms have failed to prioritise localised needs, particularly in emerging markets, now we want to address those shortfalls and level the playing field for a new generation of traders.”
The rebrand announcement follows a number of global strategic hires by Vantage in recent months including APACs Regional Strategy Director Eoh You Loong and Global Marketing Director Geraldine Goh.
The broker offers trading with a total of over 11,000 instruments from 19 markets. It offers an attractive commission structure to lure traders.
The company is expecting the commissions to be between $285 million and $295 million. It added 2.1 million new users in Q4 alone.
Copying transactions on Forex to form your own trading strategy is a cooperation that is beneficial to both sides. The trader receives reliable market signals, and the Strategy Manager receives a percentage of his profit or a fixed subscription rate.
GCMAsia operates as a “marketing affiliate” of Fortrade Ltd – a UK forex broker regulated by the country’s Financial Conduct Authority (FCA). As per Fortrade’s affiliate program site, it offers CPA fees or flexible payment plans, commissions, marketing support, etc.